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14

Deepflex Financially Packed To Broaden Subsea Horizons

DeepFlex, Inc., the manufacturer of a new generation of lightweight, flexible, non-metallic, un-bonded pipes for use in subsea and other applications, informed that it had sold$33 million of Series C Preferred Stock

DeepFlex, Inc., the manufacturer of a new generation of lightweight, flexible, non-metallic, un-bonded pipes for use in subsea and other applications, informed that it had sold$33 million of Series C Preferred Stock.

New investors in the company include lead investor Nomura Private Equity Investment LP, Heico Acquisitions, Promon International, as well as several members of the senior management team.